qbe bsp vs drp, page-3

briefly, DRP you buy shares with the dividend received, set at the price determined by QBE - no brokerage and you declare to the tax office as if you'd received the actual cash, ie, you get whatever franking credits benefits attached to the dividend. your wife has no income and with the small amount you'd likely get a small amount back on her tax at the end of the year. (not sure what the franking is on QBE)

With the BSP you get shares in QBE but do not declare it as income until you sell when it is counted as income. dunno about the capital gain, losses side of things.

You really should chat with your accountant though.

cheers